Showing posts with label Noventa. Show all posts
Showing posts with label Noventa. Show all posts

Wednesday, December 12, 2012

Some recent failed trades

Here are some charts of three trades I've recently taken and which have resulted in two losses and one break-even trade. As a rule, I lose more often than I win (although I try to attain a 50% win rate) but the average size of my winning trades is historically at least double the average size of my losing trades, and which brings about the overall positive expectancy.

Saturday, November 24, 2012

Noventa - a volatile trend?

One of my current long positions is in this UK stock, Noventa (chart below). On the chart you can see the breakout early last week, which was my cue for opening a position. The chart showed all the characteristics of a long set up that I like, therefore there was no hesitation in opening the trade.